Car Insurance Article Discussion

GlobalSquare

madmum8335 wrote: »

Got my renewal from Churchill £410 and have been shopping round using comparison sites ( I do this every year). Having read car insurance article on main site I just thought I'd try getting a quote from Chuchill as a new customer. Quoted £337 and I can get £70 cashback from GreasyPalm.
What I'd like to know is Can I Really Do This? Won't Churchill have some sort of objection? I know I could give them a ring & try & haggle but I won't get the cashback if I go that route. I'd be interested to hear from anyone who has tried this & if they succeeded.

Id say go for it .... or if really worried get the new quote up on your PC then phone them up with the online offer and challenge them to match the new quote
(just treat them as two different companies) ... and if they match the new quote with the quidco money off included make sure you ask for the reference number and find out if you can view or accept it online ... if they say you can then its an even bigger bonus as you could go through for another £70 off via quidco :T

tatiana wrote: »

We have just bought my son, dob 24.2.83, works for a bank, lives in the
country, a Ford Focus Ghia TDCI estate, Dec 2001. It is his first car so he has no ncb. I am 59, retired and have 6 years ncb on my car but he naturally wants to start earning his own by having his own comprehensive policy. I am totally befuddled by trying to find the best price. He doesn't mind a small excess if it keeps the price down and would like roadside assistance either within a policy or separately. Can anyone please help?

If your doing the searching for the insurance just follow the tips martin suggested about it ... that will find you the best price and then when you find that if through the comparison sites you get linked to the insurers main sites at the end where you can tweak the policy futher
Some of the sites offer stuff like road side recovery and some dont and some offer it seperatly (at an extra cost) ... if thats an option on the cheapest policy id suggest phoning them up with the policy youve been quoted with so they can use that (and you get it at that price) and then explain (maybe blag lol) that the other insurer that is offering a similar price includes it so can they throw it in for free (got 40% off the injury thing for me).
The best thing is find the policy(s) your most interested in then phone them up and try haggling (it was fun!) using the quote off the internet as a basis

GlobalSquare

savvieboyblue wrote: »

On Quidco that the comparison site www.insurance.co.uk. is offering cashback ( up to £13 per policy ) across it's insurers. Comparethemarket and Go Compare are offering £1 - 2 cashback per quote. Does anyone know of other comparison sites offering money back ?

This has been annoying me all day .... i dont mind clicking Martins links and earning him and this site money when there is no option for us to make/save anything from it ...... but how on earth did he not include that infomation in the main post??? ... that could have saved (returned) me another 30+ pounds

Is martin now treating this sites users the way the banks and other retailers do

I used to think martin was all about saving anyone he can money but it seems hes screwing us over just like everyone else :mad: (how many other times has he done this? (not including when there was no option for us)

(and i will say again for the record i have no probs clicking his links so he gets referal points etc (- i used his referal links over the non referal ones) if theres not the option for me to save/gain money (infact its an honour for all the help) .... but what hes done her is just as sneaky as any of the people hes trying to help us beat

Sorry but this time martin you are the bad guy ... instead of my thanks and telling people how good you and this site are i am now left with a huge bitter taste in my mouth :mad:

mike899

Hello,

I pay £70 per month(!) as I am clased as a new driver. I originally passed my driving test in 1997, but my license was revoked due to building up 6 points and the new/young drivers act, which revokes your licence when you get 6 points!

I left a 6 year gap from driving but have been driving for 2 years again now. I am with admiral.

Does anyone know of a company that offers better deals for people like me? I tried all the usual moneysupermarket.co.uk, comparethemarket.com, insurequotes.co.uk etc.

Thanks!
Mike.

tatiana

My son who is just 25 yrs old, has just taken out a first policy with Elephant. He has paid extra for breakdown cover and courtesy car and has me, his mother, as well as his girlfriend as named drivers. The cost of his policy is £523.35 for 10 months, after which he will get one years ncb.
Maybe worth a try?

tododo

Hi guys

Does anybody know the model number of the free Karcher jet spay offered by Tesco Car Insurance.

Sorry if this posted in the wrong section

Skiday

selimap wrote: »

Sorry, folks, insurance is beased on 'utmost good faith'.

why do you think it's OK for you to lie tyo get the deal?

Insurance may supposed to based on 'utmost good faith' but is most certainly not based on 'utmost common sense', and until it is, I will continue to be selective about the truth. Points in order:

1. How the hell can comprehensive be cheaper than TPF&T? Sounds unbelievable but true. I was with Pivalige and was always TPF&T as I assumed it would be the cheapest. But playing with the web site I tried changing the quote to Fully Comp and it was cheaper!!!!!!!

2. No claims bonus is supposed to assess the risk of the driver, so why is it linked to the car? e.g. if I am a fan of a particular model of car and have full no claims, and then choose to buy another example of the same car, same engine, same colour, same year - everything, and I can only drive one at a time remember, but I will have zero NCB for the second car So my wife who has had two accidents in the last 5 years but protected NCB can get a better deal if she replaces her car with the new one, than me, who hasn't had a crash for 25 years, if I have the new car a second car in my name.

3. What evidence is there that people with points drive faster or more recklessly? I have three points (declared) which are about to expire, so I am very careful to make sure I don't get any more. I bet people with 9 points drive very, very carefully indeed. All people with a clean licence simply haven't been caught yet, We all speed at times, even if only by a little. The authorities give out points to make us behave and drive better, so perhaps we should get a discount even!

4. If I stop being a Painter and decorator and become an entertainer, how do I become a worse driver? Many entertainers in the country drive hundreds of miles to gigs and are assumed by the insurers to be drunks because there is alcohol where they work! All my gigs are less than one mile from me and I don't drink! so why should I be penalised for being lumped in with this group?

5. If I did find that TPF&T WAS cheaper to take out, how come I can't have it if my car is worth over £5000. Hey it's my car, it's my risk, if I want to take the risk, why shouldn't I?

Skiday

Skiday

madmum8335 wrote: »

Got my renewal from Churchill £410 and have been shopping round using comparison sites ( I do this every year). Having read car insurance article on main site I just thought I'd try getting a quote from Chuchill as a new customer. Quoted £337 and I can get £70 cashback from GreasyPalm.
What I'd like to know is Can I Really Do This? Won't Churchill have some sort of objection? I know I could give them a ring & try & haggle but I won't get the cashback if I go that route. I'd be interested to hear from anyone who has tried this & if they succeeded.

This is another anomaly to add to the list above.
Answer. Yes, I have done this, (with Privalige) no problem, when they phone up to ask for proof of NCB from previous insurer, I just said it was them, and the guy accepted that. So just buy it on line. Play them at their own game I say!!!!

TuftyMatt

Well I have just paid for next years car insurance (£286) and gone with More Than.

Their quote was over £150 less than sticking with Elephant which to my surprise was up £60 on last years without making any claims etc.

Also my new deal comes with a hire car so I am happy.

raskazz

Skiday wrote: »

Insurance may supposed to based on 'utmost good faith' but is most certainly not based on 'utmost common sense', and until it is, I will continue to be selective about the truth. Points in order:

1. How the hell can comprehensive be cheaper than TPF&T? Sounds unbelievable but true. I was with Pivalige and was always TPF&T as I assumed it would be the cheapest. But playing with the web site I tried changing the quote to Fully Comp and it was cheaper!!!!!!!

Every insurer splits it's portfolio into several different schemes, each targeted at different markets and different risks. Each scheme will have its own underwriting criteria and premium ratings, and sometimes this inevitably leads to apparent inconsistency.

Skiday wrote: »

2. No claims bonus is supposed to assess the risk of the driver, so why is it linked to the car? e.g. if I am a fan of a particular model of car and have full no claims, and then choose to buy another example of the same car, same engine, same colour, same year - everything, and I can only drive one at a time remember, but I will have zero NCB for the second car So my wife who has had two accidents in the last 5 years but protected NCB can get a better deal if she replaces her car with the new one, than me, who hasn't had a crash for 25 years, if I have the new car a second car in my name.

Because if you could split the NCD to two vehicles you would find it very easy to never ever lose any NCD. As soon as it was reduced on one car, at the next renewal you could just transfer full NCD to it again. Hence it would no longer assess the risk of the driver. Insurers will sometimes offer introductory NCD or multi-car policies to cater for these circumstances.

Skiday wrote: »

3. What evidence is there that people with points drive faster or more recklessly? I have three points (declared) which are about to expire, so I am very careful to make sure I don't get any more. I bet people with 9 points drive very, very carefully indeed. All people with a clean licence simply haven't been caught yet, We all speed at times, even if only by a little. The authorities give out points to make us behave and drive better, so perhaps we should get a discount even!

Do you know how insurers work out premiums? They do not simply pluck figures out of thin air. They pay highly skilled actuaries (number crunchers, bascially) to evaluate the risks associated with different factors, by looking at claims data. The statistics show that there is a clear correlation between certain convictions or combinations of convictions and claims costs. Hence the premium is increased accordingly for these convictions.

Skiday wrote: »

4. If I stop being a Painter and decorator and become an entertainer, how do I become a worse driver? Many entertainers in the country drive hundreds of miles to gigs and are assumed by the insurers to be drunks because there is alcohol where they work! All my gigs are less than one mile from me and I don't drink! so why should I be penalised for being lumped in with this group?

Again, you are clearly not familiar with how insurers assess risk. You are also assuming that a higher-rated occupation indicates 'worse driving'.

Risk is a combination of frequency of loss and severity of loss. In looking at entertainers, the increase in premium could be due to frequency alone (i.e. they are 'worse drivers' as they are involved in more accidents); it could be due to severity (i.e. the average claim when it does occur is higher - this is very likely in the entertainment industry as loss of earnings claims due to third party injury could be much larger than average); or could be a combination of frequency and severity.

Skiday wrote: »

5. If I did find that TPF&T WAS cheaper to take out, how come I can't have it if my car is worth over £5000. Hey it's my car, it's my risk, if I want to take the risk, why shouldn't I?

Slightly dubious argument. Yes it's your car and it's your risk, but conversely the insurer is at liberty to choose which risks it does or does not want to cover, and set underwriting criteria accordingly.

There is very little demand for TPFT cover for cars worth more than £5000, hence a lot of insurers won't offer a product for which there is virtually no demand.

I suggest you brush up on your 'utmost common sense', especially if you are being 'selective with the truth' with your current insurer - you may well find that come claim time you have no cover.

froggy_girl128

My partner has called budget to change the car and they have said it will be £30 to change it over or £30 to cancel.
Is this common practise ?